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Heiwado Shareholders Including MUFG Bank to Sell 2.7m Shares

Feb. 19, 2024, 6:26 AM UTC
Gareth Allan
Gareth Allan

Heiwado shareholders including MUFG Bank, Sumitomo Mitsui Banking Corp. and Sompo Japan Insurance will sell ~2.7m shares in a secondary offering.

  • Price to be set as soon as Feb. 28
  • Additional 405,800 shares to be offered as overallotment
  • Will also buy back up to 1.91% of shares for 2.4b yen

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To contact the reporter on this story:
Gareth Allan in Tokyo at gallan11@bloomberg.net

To contact the editors responsible for this story:
Yusuke Miyazawa at ymiyazawa3@bloomberg.net

Ryotaro Nakamaru

© 2024 Bloomberg L.P. All rights reserved. Used with permission.

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